-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VLkZ9L4io7wTp7cYYbiq0FML/TMoL1k0itt7y9OUCJ1ib9Y022lLC4C+Osmc7gFr
 WF4h6dHkAChcjYkofgTHjw==

<SEC-DOCUMENT>0001005477-03-001702.txt : 20030528
<SEC-HEADER>0001005477-03-001702.hdr.sgml : 20030528
<ACCEPTANCE-DATETIME>20030528164928
ACCESSION NUMBER:		0001005477-03-001702
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030527
FILED AS OF DATE:		20030528

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STONE JAMES HIRAM
		CENTRAL INDEX KEY:			0001185710

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12074
		FILM NUMBER:		03721992

	BUSINESS ADDRESS:	
		STREET 1:		909 POYDRAS ST
		STREET 2:		STE 2650
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70112
		BUSINESS PHONE:		5045817766

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STONE ENERGY CORP
		CENTRAL INDEX KEY:			0000904080
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				721235413
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		625 E KALISTE SALOOM RD
		CITY:			LAFAYETTE
		STATE:			LA
		ZIP:			70508
		BUSINESS PHONE:		3182370410

	MAIL ADDRESS:	
		STREET 1:		625 E KALISTLE SALOOM RD
		CITY:			LAFAYETTE
		STATE:			LA
		ZIP:			70508
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>AMENDMENT TO FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0101</schemaVersion>

    <documentType>4/A</documentType>
    <periodOfReport>2003-05-27</periodOfReport>
    <dateOfOriginalSubmission>2003-05-27</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000904080</issuerCik>
        <issuerName>STONE ENERGY CORP</issuerName>
        <issuerTradingSymbol>SGY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
    <reportingOwnerId>
            <rptOwnerCik>0001185710</rptOwnerCik>
            <rptOwnerName>STONE JAMES HIRAM</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-05-27</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>S</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F1"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>11000</value>
            </transactionShares>
            <transactionValue>
                <value>40.026</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>1126234</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>3810</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>Held by Son</value>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>3810</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>Held by Daughter</value>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>192950</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>See Note</value>
                <footnoteId id="F2"/>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>81168</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>See Note</value>
                <footnoteId id="F3"/>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>1045</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>See Note</value>
                <footnoteId id="F4"/>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Employee Stock Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>32.96</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2003-12-06</value>
            <footnoteId id="F5"/>
        </exerciseDate>
        <expirationDate>
            <value>2012-12-06</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>40000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>40000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Employee Stock Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>58.156</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2001-05-18</value>
            <footnoteId id="F5"/>
        </exerciseDate>
        <expirationDate>
            <value>2010-05-18</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>50000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>50000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Employee Stock Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>20.313</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F6"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F6"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F6"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F6"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>1997-08-20</value>
            <footnoteId id="F5"/>
        </exerciseDate>
        <expirationDate>
            <value>2006-08-20</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>24000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>24000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <footnotes>
        <footnote id="F1">Sale made pursuant to a Sales Plan dated February 20, 2003 between the reporting person and Bear, Stearns &amp; Co. Inc.</footnote>
        <footnote id="F2">By James H. Stone Interests Partnership, reporting person disclaims beneficial ownership of 59,226 shares.</footnote>
        <footnote id="F3">By James H. Stone Interests II Partnership, reporting person disclaims beneficial ownership of 16,234 shares.</footnote>
        <footnote id="F4">By Stone Family Fund, L.L.C.; represents reporting person's 4% beneficial interest in shares held by L.L.C.</footnote>
        <footnote id="F5">Option to buy exercisable in annual increments of 20% beginning on the first anniversary of the date of grant.</footnote>
        <footnote id="F6">Certain information such as "January 1, 2003", "A" and "0" is provided related to this holding although no transaction has occurred. The information is required in all data cells for completion of this filing through the internet provider of the EDGAR software.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>James H. Stone</signatureName>
        <signatureDate>2003-05-28</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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